Announced the endorsement guarantee over-limit improvement plan
 2021-11-05

1.Date of occurrence of the event:2021/11/05

2.Company name:Manumech Corporation

3.Relationship to the Company (please enter ”head office” or ”subsidiaries”):subsidiary

4.Reciprocal shareholding ratios:NA

5.Cause of occurrence:

(1)On the Financial Supervision and Administration Commission's letter of No.11003581391 dated September 11,2021.

(2)Because Manumech Corporation's net worth declined, the endorsement guarantee exceeded the limit.

6.Countermeasures:

Manumech cancelled the  guarantee of NTD10 million by Board of Directors on October 28,2021 and completed improvement.

7.Any other matters that need to be specified: The implementation status will be reported at the next shareholders meeting.